 "Bosch posts Q2 net at Rs 305 crore")
Auto components major Bosch Ltd today reported a standalone net profit of Rs 305.38 crore for the September quarter.
The company had reported a standalone net profit of Rs 306.36 crore in the same period last fiscal, Bosch Ltd said in a regulatory filing.
Net sales during the period under review stood at Rs 2,597.5 crore as against Rs 2,456.71 crore last fiscal.
Due to the change in its accounting period from January- December to April-March, the results are not comparable, the company said.
Automotive products revenue increased to Rs 2,326.2 crore compared with Rs 2,223.6 crore in the same quarter last fiscal, it added.
Shares of Bosch Ltd were trading at Rs 19,602, down 1.68% on BSE in late afternoon trade.
